PolarHusk

ETH/USDT (Upward Trendline Still Valid?)

BINANCE:ETHUSDT   Ethereum / TetherUS
BINANCE: ETHUSDT


-Ethereum tested the upward trendline of support
-We saw a good bounce from 307 up to 391 dollars
-So the uptrend still valid during this time
-But the Bulls must defend the local support around 330 dollars
-Where the trendline coincide and the 100D dynamic support
-My Daily period bias is still with the Bulls
-As long as this trendline of support is holding
-Long position traders will definitely have stop loss below $305
-And targetting the recent swing top at 489 dollars




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